Not Recommended - HUD Refunds
Number of Customer Reviews for HUD Refunds: 1
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HUD is a program devised by the government to enforce housing laws and ensure that everybody gets a decent accommodation. The abbreviation HUD relates to Housing and Urban Development. The organization looks after the housing need of people who are either trying to buy inexpensive houses or purchasing it for the first time. It is incorrect to think that HUD assured services are problem free. Trouble lies with the insurance program associating it. People need to get back their money after repaying the home loan but problem arises when they face difficulty in procuring it.
The scam does not directly relate to HUD but comes more so in the form of a business opportunity. Many companies offer to find people who have refunds due, so that you can trace them and inform about the money the government will pay them. You can buy this system for just US$39 as most companies claim. The job is not an easy one and you have to toil hard to find these people. Even if the search turns out fruitful, you will have to convince the person to get from him substantial sum for your service.
While the money comes to them without effort, you are the one who is mostly paid meagerly. This does not sound to be a good business opportunity with tremendous work and scarce money. The fraud can come from other sides as well. Finding many companies and individuals who claim to help people in getting the refund and cheat them, the federal government launched an extensive campaign to curb such practices. It is best to approach HUD in getting back your money. It will not only refund the money but also save you from the clutches of frauds that extort cumbersome fee for the service. From the perspective of business opportunity, HUD refunds do not promise a flourishing business.
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